Grace period
The time period stipulated in most loan contracts and insurance policies in which a late payment will not result in default or cancellation. |
Similar financial terms
Workout periodRealignment period of a temporary misaligned yield relationship that sometimes occurs in fixed income markets.
Annualized holding period return
The annual rate of return that when compounded t times, would have given the same t-period holding return as actually occurred from period 1 to period t.
Waiting period
Time during which the SEC studies a firm's registration statement. During this time the firm may distribute a preliminary prospectus.
T-period holding-period return
The percentage return over the T-year period an investment lasts.
Subperiod return
The return of a portfolio over a shorter period of time than the evaluation period.
Neutral period
In the Euromarket, a period over which Eurodollars are sold is said to be neutral if it does not start or end on either a Friday or the day before a holiday.
Net period
The period of time between the end of the discount period and the date payment is due.
Multiperiod immunization
A portfolio strategy in which a portfolio is created that will be capable of satisfying more than one predetermined future liability regardless if interest rates change.
Compounding period
The length of the time period (for example, a quarter in the case of quarterly compounding) that elapses before interest compounds.
Credit period
The length of time for which the customer is granted credit.
